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PetMed Express Stock To Go Ex-dividend Tomorrow (PETS)

The ex-dividend date for PetMed Express (Nasdaq:PETS) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $12.29 as of 9:30 a.m., the dividend yield is 4.8%.

NEW YORK ( TheStreet) -- The ex-dividend date for PetMed Express (Nasdaq: PETS) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $12.29 as of 9:30 a.m. ET, the dividend yield is 4.8%.

The average volume for PetMed Express has been 233,700 shares per day over the past 30 days. PetMed Express has a market cap of $256.7 million and is part of the health care sector and drugs industry. Shares are up 19.1% year to date as of the close of trading on Monday.

PetMed Express, Inc., doing business as 1-800-PetMeds, operates a pet pharmacy in the United States. It markets non-prescription and prescription pet medications; and other health products for dogs and cats, as well as direct to consumers. The company has a P/E ratio of 15.8, below the average drugs industry P/E ratio of 16 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates PetMed Express as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full PetMed Express Ratings Report.

Meet TheStreet's favorite pets! We love them, but let's be real, they get expensive too. But even after all we spend year-round -- and wait until you hear how much that is -- you know we're still going to make sure there are presents under the tree. Watch our video now!